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20121222
20121222
Search Results 0 to 7 of about 8 (some duplicates have been removed)
in hawaii where the president is spending the christmas holiday. brianna, the president maybe a little too optimistic that a deal can be reached? aloha, by the way. >> he did say last night that he is a hopeless optimist that something can get done, but what we know, it's not going to be that big package, obviously of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction.
is hawaii. the house is out of session. the senate is adjourned. they are going to coming back on the 27th. that gives them five days. they have been talking about this fiscal cliff for months. last five days and they have to involves more than a trillion dollars and billions of dollars in tax hikes. how can they get it done? they won't. president on friday gave the all clear for members not to do a big package. he said, look, let's do a stopgap. in other words, let's stop everyone from having their taxes go up and do something smaller so on january 1st it's not just this big looming.... >> does that mean the president could offer extend the tax rates for six months and begin negotiating all over again beginning in january, obviously that would be the usual procrastination in washington, is that what you are talking about here? >> i think what will happen, the president will look for ways to gain the most leverage for himself. the conventional wisdom, democrats really gain power if january 1st comes along and everybody's taxes goes up. it brings revenues in the treasury and raises rates on
effective leader than john boehner has. >> sure. moments ago, the president and his family left for hawaii on board air force one. what does this look like to the american people? i know the senate is gone and the house is gone. here goes the president to hawaii. i mean, where is the sense of urgency here? and i blame all lawmakers for this. >> i agree with you, ed. i mean, i think the optics of this is really disturbing. if you are sitting at home, and you're telling yourself, okay, i'm not quite sure what is going to happen with my tax rates and for next year. so how much am i going to spend now on christmas? how much am i getting back? those kinds of questions, that kind of uncertainty, what is going to happen with payroll taxes, what is going to happen with unemployment. and you see everybody kind of just leaving town, great that they're willing to come back next week, but you know what, most of us when we have work to do, we sit there and we get it done. we don't get to leave and come back when it's convenient for us. so, yeah, i think it would be much better if these guys showed a li
this holiday in hawaii. this is new video of them arriving at the air force base from overnight. the president said he will be back in washington next week to deal with the budget but he is not the only one leaving town. republicans and democrats, senators and representatives all headed home for the holidays before reaching any agreement on ways to avoid end of the year tax hikes and budget cuts. the house speaker used the gop weekly address to say republicans will maintain their focus on reaching a deal. >> i have challenged the members of our party to grapple with these issues, to make choices and we are willing to because washington has a serious spending problem. this was the year of the size our debt, all 16 trillon dollars of it passed the size of our economy. it's a grim milestone. >> both sides continue to blame the other for not compromising. with no agreement the budget cuts and tax hikes will go into effect january 1st. >> it's more likely than ever that eastern and gulfports will be shut down by a strike. nearly 15,000 dock workers at ports from boston to houston are ready to wa
to say just before leaving for hawaii for christmas. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> wow. ten days. so, will the fiscal cliff solve in ten days? i know there's a deal out there some place it may not be until january, but let's ask our free market friday panel what they think. we have the columnist for the hill and former dnc communications director katie pavlitz. and mr. greenhaus is going to stay with us. all right, katie. first of all, obama basically said in ten days we can get a deal, it sounds like a small deal, 250,000 is the middle class threshold after mr. boehner's plan "b" got defeated. is such a thing possible? or will we have to wait until the new year? >> we're probably going to have to wait until the new year, unle
is it's less than two weeks until the new year, the president's about to leave for hawaii in less than 15 minutes he leaves the white house, soledad. and congress is going to be gone for christmas too. and there is no more effective motivator for capitol hill than pressure and they have it right now. what the president has done today is he's laid out a scaled-down version of a fiscal cliff deal. you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform. and then he also made a pitch to the american people to only blame republicans frls no deal. so it's a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the pressure on. and we know both sides are planning to come back at some point after christmas and try to get something worked out. but no overt optimism coming really from the aides on either side right now. and we'll see, soledad. i'll tell you, folks right now are planning to make new year's eve plans
Search Results 0 to 7 of about 8 (some duplicates have been removed)